Joint ventures: Theoretical and empirical perspectives

Joint ventures: Theoretical and empirical perspectives
Kogut, Bruce
1988-07-01 00:00:00
This paper compares the perspectives of transaction costs and strategic behavior in explaining the motivation to joint venture. In addition, a theory of joint ventures as an instrument of organizational learning is proposed and developed. Existing studies of joint ventures are examined in light of these theories. Data on the sectoral distribution and stability of joint ventures are presented.
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Abstract

This paper compares the perspectives of transaction costs and strategic behavior in explaining the motivation to joint venture. In addition, a theory of joint ventures as an instrument of organizational learning is proposed and developed. Existing studies of joint ventures are examined in light of these theories. Data on the sectoral distribution and stability of joint ventures are presented.

Journal

Strategic Management Journal
– Wiley

Published: Jul 1, 1988

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References

Joint ventures in American industry: an overview

Berg, Berg; Friedman, Friedman

Joint ventures in American industry, Part II: Case studies of managerial policy